More like enshitification is the norm.

What’s capitalism without enshitification? And in an actually functioning society where capitalism is not literally the only thing the society operates on, there would be regulatory and state policies preventing enshitification from becoming the only thing there is because supposedly a government is one of the things that is NOT for-profit like a company. So without that enshitification would be the only thing left in a pure capitalism society.

And we are watching exactly how it’s like when a government is becoming for-profit in the US :(

Chinese companies have always been enshitifying for decades. A defining characteristic of China is that it’s pure capitalism with very little regulation compares to even the US, and nowhere close to the EU.